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This retirement misstep could cost you more than $100,000 in savings. Here's what to know.

Por: CBS News Business July 25, 2024

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Making Ends Meet: Most Americans feel unprepared to begin retirement Millions of workers are making a critical mistake with their IRA rollover accounts — one that could cost them $130,000 or more in foregone investment gains, according to . The issue stems from a quirk in the retirement system, with individual retirement accounts legally required to steer all direct contributions and most rollovers into cash, making it the de facto default... + full article



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